China Official Nonmanufacturing PMI Edges up to 54.4 in August

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

BEIJING--An official gauge of China's business activity outside of its factory floors rose slightly in August, but property-market weakness continued to weigh on the construction sector. China's official nonmanufacturing purchasing managers index edged up to 54.4 in August from 54.2 ...

Nikkei Leads Asian Shares Higher on Weak Yen

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

HONG KONG--Asian stocks were mostly higher Wednesday, as investors in Japan reacted to a slumping yen and those in China turned to the latest domestic economic data. The Nikkei Stock Average was up 0.7%, having hit a more-than-seven-month high Tuesday ...

Australia Economy Completes 23 Years of Growth

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

By James Glynn SYDNEY--Australia's economy expanded in the second quarter, helping the country reach its 23rd consecutive year of growth and making it stand out among developed-world peers that fell into recession following the global financial crisis. Still, the resource-rich ...

Samsung Buys Mobile Cloud Printing Firm

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

SEOUL--Samsung Electronics Co. (SSNHZ, 005930.SE) said it is buying Ontario-based mobile cloud printing firm PrinterOn, as a part of its push to enhance its presence in the enterprise business. Financial terms weren't disclosed. The acquisition of PrinterOn will strengthen Samsung's ...

Samsung Buys Ontario-Based Mobile Cloud Printing Firm

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

By Min-Jeong Lee SEOUL--Samsung Electronics Co. (SSNHZ, 005930.SE) said it is buying Ontario-based mobile cloud printing firm PrinterOn, as a part of its push to enhance its presence in the enterprise business. Financial terms weren't disclosed. The acquisition of PrinterOn ...

HSBC China August Services PMI Rebounds to 54.1

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

BEIJING--The HSBC China services Purchasing Managers' Index rose to a 17-month high of 54.1 in August from 50.0 in July, HSBC Holdings PLC said Wednesday, while cautioning that sub-index readings pointed to a mixed picture of economic recovery. July's level ...

Australia's Economy Expands in 2nd Quarter

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

SYDNEY--Australia's economy expanded in the second quarter, helping the country reach its 23rd consecutive year of growth and making it stand out among developed-world peers that fell into recession following the global financial crisis. Still, the resource-rich country's economy slowed ...

Upbeat Economic Reports Signal Sustained Improvement -- 2nd Update

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

By Kathleen Madigan A strengthening manufacturing sector is fueling expectations that the U.S. economy will expand at a more robust clip in the second half of the year. But manufacturers are concerned that international turmoil could temper the rebound. The ...

In Germany, Many Believers Balk at Tweak to Church Tax

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

By Chase Gummer FRANKFURT--In Germany, being an official church member usually means paying an extra tax. But a change in the country's tax code is now causing many believers to leave the fold. Germany is just one of a number ...

Upbeat U.S. Data Signal Sustained Improvement

TODAY: Sept. 3, 2014 PUB DATE: Sept. 3, 2014

A strengthening manufacturing sector is fueling expectations that the U.S. economy will expand at a more robust clip in the second half of the year. But manufacturers are concerned that international turmoil could temper the rebound. The Institute for Supply ...

Swiss Economy Stagnates in 2Q as Machinery Sales Drop

TODAY: Sept. 3, 2014 PUB DATE: Sept. 2, 2014

By Neil MacLucas ZURICH--Switzerland's economy stagnated in the second quarter, data released Tuesday showed. Moderate growth in consumer spending failed to offset the drag on machinery exports from sluggish demand in European markets. Gross domestic product in the three months ...

German Chemical Industry Association Cuts Full-Year Production Forecast

TODAY: Sept. 3, 2014 PUB DATE: Sept. 2, 2014

By Chase Gummer FRANKFURT--German Chemical Industry Association VCI on Tuesday cut its forecast for the year, as weak domestic demand and increasing geopolitical tensions led to a drop in chemical production in the second quarter compared with the first quarter. ...

Australian Home-Building Approvals Rise

TODAY: Sept. 3, 2014 PUB DATE: Sept. 2, 2014

SYDNEY--The number of Australian home-building permits rose in July. Approvals to build or renovate houses and apartments gained 2.5% from June, the Australian Bureau of Statistics said Tuesday. From a year earlier, approvals rose 9.4%. Higher rates of housing construction ...

Narrowing Scottish Poll Hits Sterling -- 2nd Update

TODAY: Sept. 3, 2014 PUB DATE: Sept. 2, 2014

By Jason Douglas And Josie Cox LONDON--A new poll Tuesday showed a surge in support for Scottish independence, knocking sterling lower on currency markets and raising the stakes for Britain's leaders just weeks before Scots vote on whether to leave ...

Narrowing Scottish Poll Hits Sterling -- Update

TODAY: Sept. 3, 2014 PUB DATE: Sept. 2, 2014

By Jason Douglas And Josie Cox LONDON--A new poll Tuesday showed a surge in support for Scottish independence, dramatically raising the stakes for Britain's leaders just weeks before Scots vote on whether to leave a 300-year-old union with the rest ...

MARKET SNAPSHOT: U.S. Stocks: Futures Climb Ahead Of ISM Data

TODAY: Sept. 3, 2014 PUB DATE: Sept. 2, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- U.S. stocks were poised to kick off September on a high note on Tuesday, with futures moving broadly up ahead of data expected to show healthy U.S. factory activity in August. Futures for ...

AutoZone to Acquire Interamerican Motor

TODAY: Sept. 3, 2014 PUB DATE: Sept. 2, 2014

By Erin McCarthy AutoZone Inc. agreed to acquire Interamerican Motor Corp., a deal to boost its offerings of import car parts. IMC currently operates 17 locations and is the second-largest distributor of original equipment quality import replacement parts in the ...

Press Release: PMI(R) at 59%; August -3-

TODAY: Sept. 3, 2014 PUB DATE: Sept. 2, 2014

The 11 industries reporting increased order backlogs in August -- listed in order -- are: Printing & Related Support Activities; Plastics & Rubber Products; Nonmetallic Mineral Products; Paper Products; Petroleum & Coal Products; Furniture & Related Products; Fabricated Metal Products; ...